Category: Business

Saudi Aramco’s to pay shareholders $20bn Q2 dividend

Saudi Aramco’s to pay shareholders $20bn Q2 dividendAramco’s dividend payment is the highest of any...

Niger Delta projects worth N612bn abandoned, cancelled – NDDC

A report from the NDDC shows that a total of 1,587 projects managed by the Niger...

Flour millers now buy locally made Nigerian wheat – Association

The Flour Milling Association of Nigeria announced on Wednesday that all of the wheat produced...

Nigerian cinemas’ income drops 15% despite viewers’ increase

Nigerians spent less on cinema ticket sales in July, as box office income fell 14.98%....

Airtel Africa to sell 20% Ugandan subsidiary stake via IPO 

Airtel Africa Plc has told its Nigerian shareholders that it intends to use an Initial...

World Bank withdraws support from Uganda over LGBTQ law

Alex Omenye The World Bank has disclosed that it will no longer aid Uganda with...

Nigerian cinemas’ revenue dropped in July — Report

The Cinema Exhibitors Association of Nigeria has said it generated N482 million as revenue across...

W’Bank gives Nigeria, others N254bn solar energy support

The World Bank, Clean Technology Fund, and Dutch Cooperation will fund $338.7 million (N254 billion...

Coup: Border blockade to affect $226M Nigeria-Niger trade

Nigeria-Niger trade worth approximately $226.34 million is at risk of collapsing due to a border...

SMEs blame economy as non-performing loans hit N1.32trn

Data acquired from the Central Bank of Nigeria has revealed that the total amount of...

First bank shareholders stage protest against annual meeting

Some shareholders demonstrated at FBN Holdings’ headquarters on Monday against an attempt to prevent the...

Zoom staff to resume office twice a week

For the first time since the COVID-19 epidemic started, Zoom, the company that helped start...